32303 Archives | Sands Investment Group

Sands Investment Group is Pleased to Exclusively Offer For Sale the Flex Industrial Warehouse Owner User Asset Located at 3050 West Tharpe Street in Tallahassee, FL. This Deal Includes a Prime Opportunity to Take Over a Value-Add Industrial/Flex Building That Has Approximately 3,500 SF Office Space & 16,500 SF of Warehouse Space, Providing For a Value-Add Investment.

Prime Opportunity to Take Over a Value-Add Flex/Industrial Building
The Building is ~3,500 SF of Office Space and ~16,500 of Warehouse Space
Property Has Two Active Loading Docks
The Building is Insulated With a Metal Roof and Metal Sides
There Are 20 Parking Spaces in the Front of the Building
West Tharpe Street Connects to Key Routes, Providing Easy Access to Downtown Tallahassee, I-10, and Other Industrial Hubs. This is Essential For Logistics and Deliveries
Nearby National Tenants: Walmart Supercenter, Steak n’ Shake, Bealls, Ross, Dollar Tree, Taco Bell, Toyota Dealership, Advance Auto Parts, Take 5 Oil Change, Murphy USA, CarMax, Among Others

In Cooperation With SIG RE Services, LLC – Lic. #CQ1055229 BoR: Andrew Ackerman – Lic. FL #BK3369953

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Sands Investment Group is Pleased to Present Exclusively For Sale the 5,555 SF MedMen Absolute NNN Investment Located at 1126 Thomasville Road in Tallahassee, Florida. This Deal Includes an Attractive Absolute Triple Net (NNN) Lease With 2.5% Annual Rent Bumps and Two Five Year Options, Providing For a Unique Investment.

7+ Years Remaining on an Attractive Absolute Triple Net (NNN) Lease With 2.5% Annual Rent Bumps and Two Five Year Options
Building is Currently Undergoing a Remodel and Renovations Retrofitted For MedMen Brand
MedMen is One of the Premium Cannabis Retailers in the United States and Has Been Leading With New Developments For Over a Decade; Their Team of Product Experts Offer an Unparalleled Shopping Experience at All of Their More Than 38 Stores (9 Coming Soon) Across Seven States — California, Nevada, Illinois, Arizona, New York, Massachusetts and Florida
Marijuana Dispensaries Remain Open as They Are Considered “Essential” Businesses
This Property is Located Two Blocks North of the Governors Mansion on Thomasville Road Which Sees Over 21,707 VPD
Tallahassee is the Capital of Florida With a Population Of Over 269,199 Within a 10-Mile Radius of This Property
Within a 10-Mile Radius of the Property the Average Household Income is Above $74,550
Annual Population Growth of 13.13% Since 2010 and Projected to Grow By 0.7% on a 5 Year Basis
As of April 16, 2021, There Was Over 533,750 Qualified Patients in Florida, Up From 333,810 About the Same Time Last Year
Nearby Florida State University Has a Total of 42,450 Students Enrolled
Florida is an Income Tax Free State
Nearby Tenants Include: Whataburger, Wells Fargo Bank, FedEx, Izzy Pub & Sushi, Taco Republic and More